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Dollar exceeds 68 rubles, euro — 77 rubles as oil prices fall after talks in Doha

April 18, 12:17 UTC+3 MOSCOW
Oil prices dropped sharply at the opening session on Monday night following the lack of agreement at the talks on oil production freeze in Doha on April 17
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© Valeriy Matytsin/TASS

MOSCOW, April 18. /TASS/. The dollar exchange rate against the ruble on the Moscow Stock Exchange rose by 2.27 rubles to 68.71 rubles in the course of trading on Monday, exceeding the 68-ruble mark.

The euro rose by 2.63 rubles to 77.58 rubles, exceeding 77 rubles.

On Monday, the price of the Brent crude futures contact with delivery in June 2016 fell by 5% to $40.98 per barrel on the ICE exchange in London.

Oil prices dropped sharply at the opening session on Monday night following the lack of agreement at the talks on oil production freeze in Doha on April 17.

On Sunday, representatives of oil-producing countries, both OPEC and non-OPEC members met in Doha, Qatar, to discuss in the stabilization of the price of oil. The talks lasted for about 12 hours. However, the participants did not manage to reach an agreement.

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